Illinois
RCA: Investors Shy Away from Chicago Opportunities
Single-property commercial sales in the Chicago region fell to $7.7 billion in the first nine months of 2019, down 33%… Read more
Transwestern Lines Up Space for Israel Idonije’s Philanthropy Center
Transwestern Commercial Services (TCS) represented FBRK in a 45,457-square-foot lease at 200 W. Madison for FBRK Impact House, a membership-based work club and… Read more
Wight & Co. Launches Public Affairs Consultancy
West Loop-based Wight & Company recently launched Beyond Your Base, a new public affairs and pre-referendum consulting group. Paul Hanley joins Wight & Company as… Read more
Cyber Defense Firm Triples Michigan Ave. Footprint
CBRE recently represented Darktrace in a 10,293-square-foot lease at 333 N. Michigan Ave. The brokerage’s Tony Coglianese and Mark Keebler negotiated on behalf… Read more
Core Student Housing Trades in West Loop
NKF Multifamily brokered the sale of The Automatic Lofts, a 482-bed student housing core asset within walking distance of the… Read more
Inland Bank Provides Refi on Wisconsin Industrial
Inland Bank and Trust closed an $11-million loan to refinance a 121,949-square-foot industrial facility in Kenosha, WI. The borrower was not… Read more
Kiser Adds Brokers on Chicago’s North and Near West Sides
Multifamily brokerage Kiser Group hired Bryan Wright, Ron Plonis and Michael Lacy. Each will concentrate on a different area of… Read more
LMC Breaks Ground on Elmhurst Apartments
Lennar company LMC broke ground on The Fynn, a 212-unit apartment property in Elmhurst, IL. The project, which joins six… Read more
PepsiCo Will Move Chicago Ops to Old Post Office
PepsiCo plans to move its 1,300 Chicago workers from an entire 17-story building to a single floor in 601W Companies’… Read more
Bridgeport Movie Palace Could Be Reborn as Live Venue
The long-disused Ramova Theatre in the South Side’s Bridgeport neighborhood would undergo a $22.9-million renovation under a plan tentatively backed… Read more
Downtown Chicago’s Apartment Market Holds Up Even After Building Boom
Downtown Chicago’s booming apartment market is headed toward a slowdown rather than a downturn, Crain’s Chicago Business reported, citing data… Read more
Greystone Team Closes on Its Fifth Deconversion Deal
Greystone Real Estate Advisors closed the $4,255,000 sale of 32 units as part of a condominium deconversion of Damen &… Read more
Qualtrics Will Establish 25th Global Office in the Loop
Customer experience firm Qualtrics will open its 25th global office in downtown Chicago. Headquartered in Provo, UT and Seattle, the company will… Read more
Congratulations to the 2019 Women in Real Estate
Connect Media is pleased to announce the recipients of our third annual Women in Real Estate Awards. We chose 90… Read more
Trends in Seniors Housing: What’s Working and Where?
Recent seniors housing data is giving industry leaders hope that the market will stabilize soon. Though the occupancy rate decreased… Read more
Redevelopment Piques Tenant Interest in Aurora’s Fox Valley Mall
Fox Valley Mall, a three-story shopping center in Aurora, IL undergoing extensive redevelopment by Centennial Real Estate Management, is bringing back national… Read more
NKF Adds Capital Markets Team in Chicago
NKF recently added three veteran capital markets brokers to its Chicago office. Executive managing director James Postweiler and senior managing directors Peter… Read more
Opus Launches Spec Industrial Near Columbus
The Opus Group began construction on Winchester Logistics Park, a two-building speculative industrial development in Canal Winchester, OH, on Columbus’… Read more
Hotel Brand citizenM Will Make Chicago Debut at Sterling Bay MXU
citizenM will make its Chicago debut with a newly-constructed hotel as part of Sterling Bay’s mixed-use development at 300 N.… Read more